Looking pretty stupid now. We are in freefall on this one. The only question is how low do we sink. No buyers for REITS.
heres my opinion on market technique - when doubling up u never know whether u are going to buy at the bottom - this creates risk.when buying when the stock price appears to be recovering u never know if u are being sucked in and the recovery is just temporary - this also creates riskno getting around risk in the stock market - especially when trading in and out and not balancing the portfolio
From Bernard Baruch's autobiography:"Don't try to buy at the bottom and sell at the top. This can't be done - except by liars".
"Looking pretty stupid now" - yeah that's the way the market is - instant feedback on your bets- just like hold-em poker - dont let it get u down